We are live on ! Find out more
ACM

Advent Capital Management Portfolio holdings

AUM $4.46B
1-Year Est. Return 0.73%
This Fund
S&P 500
This Quarter Est. Return
+1.38%
1 Year Est. Return
+0.73%
3 Year Est. Return
+2.9%
5 Year Est. Return
+0.82%
10 Year Est. Return
+4.72%
AUM
$5.95B
AUM Growth
+$543M
Cap. Flow
-$4.13B
Cap. Flow %
-69.36%
Top 10 Hldgs %
21.34%
Holding
318
New
55
Increased
14
Reduced
16
Closed
33
Avg Time Held Equity + Options
4.1 quarters
Top 10 Avg Time Held Equity + Options
2.4 quarters
Top 20 Avg Time Held Equity + Options
2.4 quarters
Avg Time Held Equity only
4.3 quarters
Top 10 Avg Time Held Equity only
2.4 quarters
Top 20 Avg Time Held Equity only
2.4 quarters

Top Buys

Rank Stock Value
1
BAC.PRL icon
Bank of America Series L
BAC.PRL
+$197M
2
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$113M
3
KKR.PRC icon
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
+$98M
4
AVGOP icon
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
+$62.7M
5
DHR.PRB icon
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
+$43.6M

Top Sells

Rank Stock Value
1
SWT
Stanley Black & Decker, Inc.
SWT
+$6.09M
2
ELAT
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
+$5.32M
3
NEE.PRO icon
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
+$4.86M
4
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
+$4.35M
5
NEE.PRQ icon
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
+$4.25M

Sector Composition

Rank Sector Weight
1 Miscellaneous 97.79%
2 Consumer Discretionary 0.5%
3 Utilities 0.39%
4 Healthcare 0.29%
5 Financials 0.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
BAC.PRL icon
1
Bank of America Series L
BAC.PRL
$3.67B
$199M 3.35%
+137,053
New +$197M
2021 Q4
0 quarters
WFC.PRL icon
2
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.25B
$113M 1.9%
+75,503
New +$113M
2021 Q4
0 quarters
KKR.PRC icon
3
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
$98.5M 1.66%
+1,057,854
New +$98M
2021 Q4
0 quarters
SWT
4
DELISTED
Stanley Black & Decker, Inc.
SWT
$80.3M 1.35%
734,191
-56,193
-7% -$6.09M
2019 Q4
8 quarters
AVGOP icon
5
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
$74.2M 1.25%
+35,797
New +$62.7M
2021 Q4
0 quarters
AEPPZ
6
DELISTED
American Electric Power Company, Inc. Corporate Units
AEPPZ
$66.6M 1.12%
1,272,139
+177,573
+16% +$9.02M
2020 Q3
5 quarters
NEE.PRQ icon
7
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
$64.2M 1.08%
1,111,664
-77,637
-7% -$4.25M
2020 Q3
5 quarters
NIMC
8
DELISTED
NiSource Inc. Series A Corporate Units
NIMC
$63.4M 1.07%
565,500
+70,000
+14% +$7.52M
2021 Q2
2 quarters
QQQ icon
9
CALL
Invesco QQQ Trust
QQQ
$507B
$60.7M 1.02%
+152,500
New +$58.9M
2021 Q4
0 quarters
DHR.PRB icon
10
DELISTED
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
$46.2M 0.78%
+26,406
New +$43.6M
2021 Q4
0 quarters
BSX.PRA icon
11
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
$38.8M 0.65%
+338,877
New +$38.7M
2021 Q4
0 quarters
NEE.PRP icon
12
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
$36.2M 0.61%
629,769
-69,006
-10% -$3.76M
2020 Q1
7 quarters
DCUE
13
DELISTED
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
$31.1M 0.52%
309,763
-43,912
-12% -$4.35M
2019 Q2
10 quarters
SOLN
14
DELISTED
The Southern Company
SOLN
$23.3M 0.39%
432,913
-37,400
-8% -$1.93M
2019 Q3
9 quarters
DTP
15
DELISTED
DTE Energy Company 2019 Corporate Units
DTP
$22.5M 0.38%
437,333
+4,000
+0.9% +$201K
2019 Q4
8 quarters
ELAT
16
DELISTED
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
$20.6M 0.35%
462,428
-110,560
-19% -$5.32M
2020 Q1
7 quarters
RBCP
17
DELISTED
RBC Bearings Incorporated 5.00% Series A Mandatory Convertible Preferred Stock
RBCP
$18.2M 0.31%
171,915
+5,915
+4% +$660K
2021 Q3
1 quarter
AESC
18
DELISTED
The AES Corporation
AESC
$15.5M 0.26%
161,342
-6,678
-4% -$654K
2021 Q1
3 quarters
AVTR.PRA icon
19
DELISTED
Avantor, Inc. Series A Mandatory Convertible Preferred Stock
AVTR.PRA
$14.2M 0.24%
+109,765
New +$13.3M
2021 Q4
0 quarters
BDXB
20
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6.00% Mandatory Convertible Preferred Stock, Series B
BDXB
$13.2M 0.22%
+252,222
New +$13.2M
2021 Q4
0 quarters
PARAP icon
21
DELISTED
Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
$11.1M 0.19%
+222,963
New +$12.8M
2021 Q4
0 quarters
FLG.PRU icon
22
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
$104M
$10.5M 0.18%
198,323
+258
+0.1% +$13.6K
2017 Q2
18 quarters
PCGU
23
DELISTED
PG&E Corporation
PCGU
$9.82M 0.17%
84,719
-36,281
-30% -$4.1M
2021 Q3
1 quarter
COP icon
24
ConocoPhillips
COP
$161B
$6.5M 0.11%
90,000
– –
2021 Q1
3 quarters
NEE.PRO icon
25
DELISTED
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
$6.18M 0.1%
90,896
-76,500
-46% -$4.86M
2019 Q3
9 quarters
1
2 3 4 5

Similar funds

EFM
E Fund Management Guangzhou, China $4.46B AUM
MAM
Magellan Asset Management Sydney, Australia $4.47B AUM 4.2% 1-Year Est. Return
WSFS
Wilmington Savings Fund Society Wilmington, Delaware $4.48B AUM 24.77% 1-Year Est. Return
AP
Americana Partners Houston, Texas $4.44B AUM 29.45% 1-Year Est. Return
WA
WestEnd Advisors Charlotte, North Carolina $4.49B AUM 19.44% 1-Year Est. Return
BP
BC Partners New York $4.43B AUM 49.12% 1-Year Est. Return
AOI
Auto-Owners Insurance Lansing, Michigan $4.43B AUM 30.05% 1-Year Est. Return
5NCM
59 North Capital Management Houston, Texas $4.49B AUM 6.4% 1-Year Est. Return

Advent Capital Management's Q4 2021 Portfolio in Review

As of Q4 2021, Advent Capital Management held 318 positions worth $5.95B, up 10% from $5.41B the previous quarter. Its ten largest holdings account for 21% of the portfolio.

Advent Capital Management withdrew a net $4.13B in Q4 2021, closing 33 positions and reducing 16 holdings. Its most notable exit was Lockheed Martin, an estimated $3.8M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 98% of assets, up from 98% a quarter earlier, followed by Consumer Discretionary and Utilities.

Against the trend, Advent Capital Management opened a new position in Bank of America Series L worth $199M.

  • Advent Capital Management's largest Q4 2021 buy was Bank of America Series L: 137,053 shares worth $199M.
  • Advent Capital Management added most to American Electric Power Company, Inc. Corporate Units in Q4 2021, an estimated $9.02M increase.
  • Advent Capital Management's biggest Q4 2021 reduction was Stanley Black & Decker, Inc., cutting an estimated $6.09M.
  • Advent Capital Management fully exited Lockheed Martin in Q4 2021, selling an estimated $3.8M.
  • Advent Capital Management's ten largest holdings make up 21% of its $5.95B portfolio in Q4 2021.
  • Advent Capital Management opened 55 new positions and closed 33 in Q4 2021.
  • Advent Capital Management's portfolio value rose 10% quarter-over-quarter to $5.95B.

Based on Advent Capital Management's 13F filing for Q4 2021, filed 14 Feb 2022.